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SHFE 1709 Tin Ends with Small Gains (2017-8-25)
Aug 25, 2017 18:34Source:SMM
On Friday, SHFE 1709 tin fell to RMB 143,270/mt after opening at RMB 144,070/mt.
SHANGHAI, Aug. 25 (SMM) –On Friday, SHFE 1709 tin fell to RMB 143,270/mt after opening at RMB 144,070/mt. Finally, the contract ended up RMB 350/mt or 0.24% at RMB 143,700/mt. Trading volumes increased 76 lots to 10,480 lots, and positions decreased 246 lots to 13,656 lots. SHFE copper hit new highs, allowing other base metals to strengthen in the afternoon, except tin. SHFE 1709 tin will test support at RMB 141,000/mt and resistance at RMB 146,000/mt in the short term.
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